Tim Bouma

Don’t pay by app. Pay by zap!…

The two things that are the root of what matters in this ‘new economy’ Making of real things. Management of real money (bitcoin). Act accordingly.…

BlueSky has the cool idea of Starter Packs. A user publishes a list of followers that they recommend to newcomers.…

Any instructions on how to do admin on #ditto @Alex Gleason 🐍? I've got everything set up and made my account admin as per instructions. But I can't seem to find anything on how to admin names etc. Any help appreciated!…

Zap test, please stand by...…

Accepting #Bitcoin Ottawa Event* Tues, Nov. 26th - 7pm at Sole Freedom in Ottawa. Support a local business that accepts #btc while discussing the links between Bitcoin and health. Hosted by @The Broken Ruler Refreshments will be provided.…

FWIW I went deep on central banking, monetary operations and modern monetary theory a few years back. I read most of the works by George Selgin and Larry White, plus recently, @Lyn Alden ‘s most excellent book ‘Broken Money’. I am using ChatGPT to refresh my learnings and sharing the…

How a Bank Loan Create More Money A bank loan puts more money into the financial system by creating new money through the process of credit creation. Here’s how it works: The Loan is Issued When a bank approves a loan, it does not pull existing money from its…

Very cool - I need to implement this asap for #nostr #safebox…

Pay by Zap > Pay by App…

The Origin of Modern Monetary Theory: Warren Mosler’s Insight at the Italian Treasury In the late 1990s, Warren Mosler, a former Wall Street financier turned economic thinker, found himself in Italy, engaging with officials at the Italian Treasury. Mosler was on a mission to understand the intricate workings of…

It’s getting spicy!…

Really interesting… I tried to connect with someone on LinkedIn to message them but I couldn’t unless I upgraded to Premium. Tried numerous time. I finally figured out why - they are associated with an industry that LinkedIn must not like.…

Software doesn’t help people, people help people! Nah! Software helps people!…

This is what it’s like to build a wallet that supports multiple mints and multiple payments using #nostr…

Proof of Work > Make Work…

This was the big innovation. Reducing all possible futures of to-be-minted coins to a single future. It eliminated the one variable that all central banks and governments use to ‘manage’ the economy.…